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Will the value of US Dollar drop further? In comparison vs euro it has been dropping steadily for the past six months or a bit more. I am unsure if I should con
by bkovacev 6y ago
Will the value of US Dollar drop further? In comparison vs euro it has been dropping steadily for the past six months or a bit more. I am unsure if I should convert now, or wait for the bounce back.
- Technically 6y agoLong-term, there's little reason to think that the dollar will remain (arbitrarily) stronger than other currencies. The currency manipulation (non-pejorative) that does take place should, in fact, raise concerns with holders of the dollar: the government is willing to dilute the value of the dollar to support domestic businesses close to k street at the expense of every other holder of the dollar.